Market Overview:
The global automotive Magnetoresistive Random Access Memory (MRAM) market is expected to grow at a CAGR of XX% and reach a market size of US$XX million by 2030. The major factors driving the growth of the global automotive MRAM market include the increasing demand for advanced storage solutions in passenger cars and commercial vehicles, growing demand for electric vehicles, and rising trend of miniaturization in electronics. The global automotive MRAM market is segmented on the basis of type, application, and region. On the basis of type, the global automotive MRAM market is segmented into toggle MRAM and STT-MRAM. Toggle MRAM held a dominant share in 2017 owing to its advantages such as high speed, low power consumption, and non-volatility over other types of memory devices.
 Industry Outlook.svg)
Product Definition:
An automotive Magnetoresistive Random Access Memory (MRAM) is a computer memory device that uses magnetic storage to store data. This type of memory is faster and more reliable than traditional random access memories (RAMs), such as dynamic RAMs (DRAMs) and static RAMs (SRAMs). Automotive Magnetoresistive Random Access Memory (MRAM) is used in many applications, including automotive electronics, medical devices, and military systems.
Toggle MRAM:
Toggle MRAM is a type of Magnetoresistive Random Access Memory (MRAM) that uses toggle switches as the memory cells. The cell can be either conductive or non-conductive, hence the name “toggle”. This memory type has many advantages over resistive RAM such as high switching speed and better scalability.
STT-MRAM:
MRAM is a type of non-volatile memory that uses the concept of magnetoresistive random access memory. The basic difference between STT-MRAM and DRAM (Dynamic Random Access Memory) is that while STT-MRAM stores data in the form of resistors, DRAM stores data in the form of capacitors.
Application Insights:
Passenger car application segment led the global automotive magnetoresistive random access memory (MRAM) market in 2017, owing to the increasing demand for advanced technology products in this sector. The introduction of advanced driver-assistance systems (ADAS) and smart navigation systems is expected to drive the adoption of these storage devices over the forecast period.
Commercial vehicle application segment is anticipated to witness a CAGR exceeding 11% from 2018 to 2030, on account of high product demand from industries such as mining and construction. These vehicles require large storage capacity due to heavy load capacity requirements which further drives product adoption across this sector. Other applications include personal cars, light commercial vehicles and heavy trucks among others; all these segments are estimated to experience significant growth over the forecast period owing to increased industrialization and urbanization globally.
Regional Analysis:
North America is expected to be the key regional market over the forecast period owing to technological advancements and high demand for advanced automotive products. The region accounted for a revenue share of more than 35% in 2017, which can be attributed to increasing R&D activities by various companies. Increasing use of these devices in safety critical applications such as anti-lock braking system (ABS) and electronic stability program (ESP) are also driving the market growth in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing production levels of automobiles coupled with rising disposable income levels among consumers especially in China, India, Indonesia, Malaysia and Thailand. In addition growing manufacturing sector mainly due to government initiatives such as “Make in India†campaign undertaken by Indian government will boost product demand further driving industry expansion over next eight years from 2018 till 2030 timeframe.
Growth Factors:
- Increasing demand for automotive electronics
- Growing demand for electric and hybrid vehicles
- Rising trend of vehicle electrification
- Proliferation of autonomous and semi-autonomous vehicles
- Increasing penetration of advanced driver assistance systems (ADAS)
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Magnetoresistive Random Access Memory (MRAM) Market Research Report
By Type
Toggle MRAM, STT-MRAM
By Application
Passenger Car, Commercial Vehicle
By Companies
EverSpin, Honeywell, Cobham, Avalanche, NVE Corporation, Crocus Nano Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Magnetoresistive Random Access Memory (MRAM) Market Report Segments:
The global Automotive Magnetoresistive Random Access Memory (MRAM) market is segmented on the basis of:
Types
Toggle MRAM, STT-MRAM
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- EverSpin
- Honeywell
- Cobham
- Avalanche
- NVE Corporation
- Crocus Nano Electronics
 Market Overview.svg)
Highlights of The Automotive Magnetoresistive Random Access Memory (MRAM) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Toggle MRAM
- STT-MRAM
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Magnetoresistive Random Access Memory (MRAM) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive MRAM is a type of non-volatile memory that can retain data even when the power is turned off. It uses magnets to store data, which makes it immune to physical damage.
Some of the major companies in the automotive magnetoresistive random access memory (mram) market are EverSpin, Honeywell, Cobham, Avalanche, NVE Corporation, Crocus Nano Electronics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Magnetoresistive Random Access Memory (MRAM) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Magnetoresistive Random Access Memory (MRAM) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Magnetoresistive Random Access Memory (MRAM) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Magnetoresistive Random Access Memory (MRAM) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Magnetoresistive Random Access Memory (MRAM) Market Size & Forecast, 2018-2028
4.5.1 Automotive Magnetoresistive Random Access Memory (MRAM) Market Size and Y-o-Y Growth
4.5.2 Automotive Magnetoresistive Random Access Memory (MRAM) Market Absolute $ Opportunity
Chapter 5 Global Automotive Magnetoresistive Random Access Memory (MRAM) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Type
5.2.1 Toggle MRAM
5.2.2 STT-MRAM
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Magnetoresistive Random Access Memory (MRAM) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Magnetoresistive Random Access Memory (MRAM) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Magnetoresistive Random Access Memory (MRAM) Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Type
9.6.1 Toggle MRAM
9.6.2 STT-MRAM
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Magnetoresistive Random Access Memory (MRAM) Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Type
10.6.1 Toggle MRAM
10.6.2 STT-MRAM
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Magnetoresistive Random Access Memory (MRAM) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Type
11.6.1 Toggle MRAM
11.6.2 STT-MRAM
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Magnetoresistive Random Access Memory (MRAM) Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Type
12.6.1 Toggle MRAM
12.6.2 STT-MRAM
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Magnetoresistive Random Access Memory (MRAM) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Type
13.6.1 Toggle MRAM
13.6.2 STT-MRAM
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Magnetoresistive Random Access Memory (MRAM) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Magnetoresistive Random Access Memory (MRAM) Market: Competitive Dashboard
14.2 Global Automotive Magnetoresistive Random Access Memory (MRAM) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EverSpin
14.3.2 Honeywell
14.3.3 Cobham
14.3.4 Avalanche
14.3.5 NVE Corporation
14.3.6 Crocus Nano Electronics
